Philanthropy
Having amassed over $300 million by the young age of 40, John Ilhan became inspired to become a philanthropist, and contribute a large percentage of his earnings to charity. Before his death at the age of 42 in October 2007, he was recognized as one of the country's most generous philanthropists, having had provided regular donations to a wide range of charitable organizations.
Ilhan was able to make these donations through his self-established Ilhan Food Allergy Foundation. The Foundation was established primarily from Ilhan's $1 million donation towards it, and was inspired by his daughter's severe allergy to peanuts.
During his lifetime, the Charity's that the Ilhan Food Allergy Foundation was able to contribute towards include: the Richmond Football Club, Kids Under Cover, The Alfred Hospital Department of Allergy, Immunology and Respiratory Medicine, and Murdoch Children's Research Institute Allergy and Immune Disorders Research Group Department of Allergy and Immunology.
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Famous quotes containing the word philanthropy:
“I shall not be forward to think him mistaken in his method who quickest succeeds to liberate the slave. I speak for the slave when I say that I prefer the philanthropy of Captain Brown to that philanthropy which neither shoots me nor liberates me.”
—Henry David Thoreau (1817–1862)
“... the hey-day of a woman’s life is on the shady side of fifty, when the vital forces heretofore expended in other ways are garnered in the brain, when their thoughts and sentiments flow out in broader channels, when philanthropy takes the place of family selfishness, and when from the depths of poverty and suffering the wail of humanity grows as pathetic to their ears as once was the cry of their own children.”
—Elizabeth Cady Stanton (1815–1902)
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—Ralph Waldo Emerson (1803–1882)